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That document shows Uber lost $9billion in 2022, right?
by zzbn00 3y ago
That document shows Uber lost $9billion in 2022, right?
- disgruntledphd2 3y agoYup. Their free cash flow is positive, but that's because it ignores share based compensation (which is pretty crazy for a tech company).
- zzbn00 3y agoYes the share based comp in 2022 was $1.7b which is a lot, but the losses on marketable securities were the biggest factor in 2022 ($7b). Some of that may have been on own debt though.